• 2 days PDVSA Booted From Caribbean Terminal Over Unpaid Bills
  • 2 days Russia Warns Ukraine Against Recovering Oil Off The Coast Of Crimea
  • 2 days Syrian Rebels Relinquish Control Of Major Gas Field
  • 2 days Schlumberger Warns Of Moderating Investment In North America
  • 2 days Oil Prices Set For Weekly Loss As Profit Taking Trumps Mideast Tensions
  • 2 days Energy Regulators Look To Guard Grid From Cyberattacks
  • 2 days Mexico Says OPEC Has Not Approached It For Deal Extension
  • 2 days New Video Game Targets Oil Infrastructure
  • 2 days Shell Restarts Bonny Light Exports
  • 2 days Russia’s Rosneft To Take Majority In Kurdish Oil Pipeline
  • 2 days Iraq Struggles To Replace Damaged Kirkuk Equipment As Output Falls
  • 3 days British Utility Companies Brace For Major Reforms
  • 3 days Montenegro A ‘Sweet Spot’ Of Untapped Oil, Gas In The Adriatic
  • 3 days Rosneft CEO: Rising U.S. Shale A Downside Risk To Oil Prices
  • 3 days Brazil Could Invite More Bids For Unsold Pre-Salt Oil Blocks
  • 3 days OPEC/Non-OPEC Seek Consensus On Deal Before Nov Summit
  • 3 days London Stock Exchange Boss Defends Push To Win Aramco IPO
  • 3 days Rosneft Signs $400M Deal With Kurdistan
  • 3 days Kinder Morgan Warns About Trans Mountain Delays
  • 3 days India, China, U.S., Complain Of Venezuelan Crude Oil Quality Issues
  • 4 days Kurdish Kirkuk-Ceyhan Crude Oil Flows Plunge To 225,000 Bpd
  • 4 days Russia, Saudis Team Up To Boost Fracking Tech
  • 4 days Conflicting News Spurs Doubt On Aramco IPO
  • 4 days Exxon Starts Production At New Refinery In Texas
  • 4 days Iraq Asks BP To Redevelop Kirkuk Oil Fields
  • 5 days Oil Prices Rise After U.S. API Reports Strong Crude Inventory Draw
  • 5 days Oil Gains Spur Growth In Canada’s Oil Cities
  • 5 days China To Take 5% Of Rosneft’s Output In New Deal
  • 5 days UAE Oil Giant Seeks Partnership For Possible IPO
  • 5 days Planting Trees Could Cut Emissions As Much As Quitting Oil
  • 5 days VW Fails To Secure Critical Commodity For EVs
  • 5 days Enbridge Pipeline Expansion Finally Approved
  • 5 days Iraqi Forces Seize Control Of North Oil Co Fields In Kirkuk
  • 5 days OPEC Oil Deal Compliance Falls To 86%
  • 6 days U.S. Oil Production To Increase in November As Rig Count Falls
  • 6 days Gazprom Neft Unhappy With OPEC-Russia Production Cut Deal
  • 6 days Disputed Venezuelan Vote Could Lead To More Sanctions, Clashes
  • 6 days EU Urges U.S. Congress To Protect Iran Nuclear Deal
  • 6 days Oil Rig Explosion In Louisiana Leaves 7 Injured, 1 Still Missing
  • 6 days Aramco Says No Plans To Shelve IPO
Controversial Azeri Pipeline Receives $500M Funding

Controversial Azeri Pipeline Receives $500M Funding

The European Bank of Reconstruction…

Big Oil Refuses To Give Up On The Barents Sea

Big Oil Refuses To Give Up On The Barents Sea

Despite failures in the Barents…

Erwin Cifuentes

Erwin Cifuentes

Erwin Cifuentes is a Contributing Editor for Southern Pulse Info where he focuses on politics, economics and security issues in Latin America and the Caribbean.…

More Info

U.S., Mexican Leaders Talk Nuclear Energy Collaboration

Obama Pena Nieto

The presidents of the United States and Mexico, Barack Obama and Enrique Peña Nieto, on Friday discussed efforts to promote stronger nuclear energy cooperation between both countries.

Both men agreed to promote the use of nuclear power technology following Peña Nieto’s meeting with Obama at the White House. The greater collaboration will help the U.S. and Mexico strive towards clean energy goals and combat climate change.

"Both of our nations are committed to ensuring that the historic Paris agreement is fully implemented," said Obama at a joint press conference. "And we are going to keep on working toward the goal announced last month in Ottawa, generating half of the electricity in North America through clean power by 2025."

The deal in Ottawa was made during “The Three Amigos Summit” between Obama, Peña Nieto, and Canadian Prime Minister Justin Trudeau. Among the North American states only 37 percent comes from renewable energy sources and nuclear power. Yet between 20 and 25 percent of Mexican energy comes from clean sources such as wind, solar and nuclear. Another challenge may arise from a wide-ranging energy reform to break up the Pemex oil monopoly but also the privatization of the electricity sector.

Related: How Much Does The U.S. Spend Per Day On Petroleum Products?

Pedro Guerra Morales, the Electricity Service Coordinator for the Mexican Energy Secretariat, this month underlined the importance of nuclear energy for the government. Currently, nuclear energy powers 4 percent of Mexico’s total use, but the official hopes to add two nuclear reactors “on the medium-term” and three more from 2028 to 2030. Doing so, he claimed, would help Mexico reach the goal established last month in Ottawa.

In the meantime, Obama noted that representatives of the North American states anticipate meeting this autumn to discuss energy issues including greater use of nuclear power.

"With that goal in mind we are pursuing an agreement this year on sharing civilian nuclear technology," Obama said. "This fall our new U.S.-Mexico Energy Business Council will meet for the very first time to strengthen the ties between our energy industries."

By Erwin Cifuentes for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News